Monthly Archives: September 2010

Pullback

Several bullish attempts to break through last Friday’s close of 1,148 were rebuffed yesterday during a seesaw trading session. It may very well be an indication that upward momentum is either slowing or that this “Labor Day rally” is coming … Continue reading

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Economic Uncertainty Pushes Gold Above $1,300

Hardly a day goes by without some piece of data being released, which casts doubt on the economic recovery. Yesterday, the culprit turned out to be a large drop in consumer confidence, although better-than-expected earnings from Walgreen offset the bad … Continue reading

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Slowing Down

The bulls tried to keep upward momentum going yesterday, but other than a quick peek above the unchanged line, the major indexes meandered in negative territory and closed to the downside. Profit taking contributed to the sagging of financial stocks … Continue reading

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A Lesson From Cuba

Bill Fleckenstein presented these interesting economic thoughts a few days ago in “Cuba understands what US doesn’t:” As even the Cuban government lays off workers, we can’t seem to face the looming problems posed by our own bloated public payrolls. … Continue reading

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Sunday Musings: The 10 Best Days Vs. The 10 Worst Days

Hat tip goes to reader David for providing the above chart, which was created by Pension Partners. There are a few interesting observations about this data set: • The 10 best days account for 50% of the buy and hold … Continue reading

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A Forgotten Fund Gets Hot

Occasionally, I have posted about a no load mutual fund that should belong in every investor’s portfolio, even if your general preferences are the use of ETFs. The WSJ reports in “Permanent Portfolio (PRPFX): How a Forgotten Fund got Hot … Continue reading

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